Bloomberg: The Saudi Economy Records a Contraction in a Second Consecutive Quarter
The “Bloomberg” agency affirmed today that the Saudi economy recorded a contraction of 3.8% during the third quarter of the year 2026, in the second consecutive quarter of contraction, for the first time since the year 2023.
Special Follow-ups — Al-Khabar Al-Yemeni:
The agency noted that these indicators reflect a sharp decline in the performance of the Saudi economy, and its heading toward recording one of its worst levels in years.
This decline comes in conjunction with the economic losses incurred by the Kingdom as a result of the operations of the Sana’a forces targeting the oil sites, airports, and vital facilities in the Kingdom, in response to the continuation of the latter’s aggression and siege on Yemen.